Report Description

Saudi Arabia Commercial Vehicles Market By Vehicle Type (LCV, MCV, HCV and Bus) Competition Forecast & Opportunities, 2012 - 2022

  • Publish Date:December, 2017
  • Format : PDF
  • Pages : 90
  • Industry : Automotive

Saudi Arabia commercial vehicle market stood at around $ 5.1 billion in 2016, and is forecast to grow at a CAGR of 8.5%, during 2017–2022. Saudi Arabia is prominently an oil-based economy and figures among the countries with highest GDP per capita in the world. Demand for commercial vehicles in the country is majorly emanating from construction & infrastructure sectors and this is projected to grow further during the forecast period. Additionally, rising focus of the government to develop the country’s construction and tourism sectors is further fuelling demand for commercial vehicles. These developments are anticipated to positively influence the Saudi Arabia commercial vehicles market in the coming years.

Years considered for this report:

Historical Years: 2012 – 2015

Base Year: 2016

Estimated Year: 2017

Forecast Period: 2018 – 2022

Objective of the Study:

  • To study Saudi Arabia commercial vehicle market scenario, which covers light commercial vehicle, buses, medium and heavy commercial vehicle segments.
  • To analyze and forecast the market size of Saudi Arabia commercial vehicles.
  • To classify and forecast Saudi Arabia commercial vehicles market on the basis of region, vehicle type, and company.
  • To identify drivers and challenges for Saudi Arabia commercial vehicles market.
  • To identify market trends & developments of Saudi Arabia commercial vehicles market.

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Some of the major players operating in Saudi Arabia commercial vehicles market are Toyota Motors Corporation, Mitsubishi Fuso Truck and Bus Corporation, Isuzu Motors Saudi Arabia Co, Hyundai Motor Company, etc.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of commercial vehicle players operating in Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were asked about their major competitors. Through this technique, TechSci Research was able to include companies which could not be identified due to the limitations of secondary research.

TechSci Research calculated the market size for Saudi Arabia commercial vehicles market using a bottom-up technique, wherein commercial vehicle manufacturers’ volume sales data for different vehicle types (light commercial vehicles, buses and medium and heavy commercial vehicles) was recorded as well as forecast for future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated by analyzing historical sales data of respective commercial vehicle manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, company websites, company annual reports, white papers, investor presentations and financial reports were also analyzed by TechSci Research.

Key Target Audience:

  • Commercial vehicle manufacturers and distributors
  • Industry associations, organizations, forums and alliances related to commercial vehicle market
  • Government bodies such as regulatory authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as commercial vehicle companies, distributors and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Saudi Arabia commercial vehicle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         By Vehicle Type

o    Light Commercial Vehicles

o    Buses

o    Medium Commercial Vehicles

o    Heavy Commercial Vehicles

·         By Company

o    Toyota Motors Corporation

o    Mitsubishi Fuso Truck and Bus Corporation

o    Isuzu Motors Saudi Arabia Co

o    Hyundai Motor Company

o    Others

·         By Region

o    Western

o    Northern & Central

o    Eastern

o    Southern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia commercial vehicles market

Available Customizations: With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information: Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at

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